Bank of America
Susan G. Komen® Customized Cash Rewards Visa® credit card from Bank of America
Key Features
| Annual Fee | $0.00 |
| Intro APR | 0% Intro APR for your first 15 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. |
| Regular APR | 17.49% - 27.49% variable After the intro APR offer ends, a Variable APR that's currently 17.49% to 27.49% will apply. |
| Other Fees | 3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%. Transfer fees may apply. |
| Network | Visa |
About this card
The Susan G. Komen Customized Cash Rewards Visa card from Bank of America earns an overall rating of 3.3, placing it in the 'Good' category. This rating reflects a balanced assessment of the card's strengths, such as its no annual fee, introductory APR offer, and cash back rewards structure, against its weaknesses, including a potentially high regular APR and the spending caps on bonus categories. The positive reputation of both Bank of America and the card, along with its charitable tie-in, contribute positively to the overall score. However, the card's APR and the limitations on bonus rewards prevent it from achieving a higher rating. Its strongest appeal lies with Bank of America customers, particularly those enrolled in the Preferred Rewards program, who can maximize the cash back potential. For the average consumer, the card is a solid choice, but there are potentially more rewarding options available, especially when considering the high end of the APR range.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- Cashback on purchases
- Rotating bonus categories
Things to consider
- High regular APR
- Balance transfer fee
What this card offers
Sign-up bonuses
- Plus, a $200 online cash rewards bonus offer.
- Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
Rewards
- 6% cash back in the category of your choice – for the first year.
- Earn 3% cash back + 3% first-year cash back bonus in the category of your choice
- Automatic 2% cash back at grocery stores and wholesale clubs
- Unlimited 1% cash back on all other purchases
- Earn 6% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter. After the 3% first-year bonus offer ends, you will earn 3% and 2% cash back on these purchases up to the quarterly maximum.
- After the first year from account opening, you'll earn 3% cash back on purchases in your choice category.
Other features
- We block potential fraud if abnormal patterns are detected and let you know if we suspect fraudulent activity. Plus, you always get a $0 Liability Guarantee for fraudulent transactions
- Now with chip technology for enhanced security and protection when making purchases at chip-enabled terminals in over 130 countries.
- An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America® checking account to your credit card. Transfer fees may apply.
- Opt for paperless credit card statements and increase account security while reducing paper consumption.
- Discover more ways to pay by adding your Bank of America® credit card to your mobile device then shop in-store or in-app using Apple Pay®, Google Pay™ or Samsung Pay.
- Access to our award-winning Online and Mobile Banking. Bank on the go from almost anywhere quickly and securely. Pay your credit card bill online, transfer funds, check available credit and more.
- Stay on top of your balances and due dates. Choose from several types of customer email or text alerts and let your phone tell you when payments are due and paid.
- Now, when you opt-in you can access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking.
- Bank of America Preferred Rewards® members earn 25%-75% more cash back on every purchase.
- Preferred Rewards bonuses are not applied to the 3% first-year bonus.
- There's no annual fee and your cash rewards don't expire as long as your account remains open.
- Redeem your cash rewards for any amount, anytime for statement credits, deposits made directly into an eligible Bank of America® checking or savings account, or for credit to an eligible account with Merrill, or to pay for eligible purchases when you shop at Amazon.com or check out with PayPal.
- Redemptions for a contribution to a qualifying 529 account with Merrill or for a check start at $25.
- You may set up automatic redemptions into an eligible Bank of America® or Merrill® account. Automatic redemptions start at $25. Statement credits, checks and contributions into a qualifying 529 account are not eligible for automatic redemption enrollment.
Additional Notes
Susan G. Komen® has received more than $14 million from Bank of America from the program since 2009. From January 1, 2021 through December 31, 2026, Bank of America guaranteed to Susan G. Komen® $3 million in conjunction with its Pink Ribbon Banking program. For each new Susan G. Komen Customized Cash Rewards credit card from Bank of America that is used to make a transaction within, and remains open for, the first 90 days of account opening, Komen receives $3 and 0.08% of all retail purchases (less returns) made with the card. For example, 8 cents for every $100. Komen also receives $3 for each renewal of a card that was in good standing during the 12 month period and does not have a zero balance at the time of renewal.